The Perkins Loan Program provides low-interest loans to help needy students finance the costs of postsecondary education. Students can receive Perkins loans at any one of approximately 2,000 participating postsecondary institutions

This audit determined the process for forgiving student loans, and found that numerous student loans were being forgiven for permanent disability and death even when borrowers are neither permanently disabled nor deceased. The report included recommendations to ED to improve its process for forgiving student loans.

The Perkins Loan Program provides low-interest loans to help needy students finance the costs of postsecondary education. Students can receive Perkins loans at any one of approximately 2,000 participating postsecondary institutions